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United Projects Company for Aviation Services KSCP

United Projects Company for Aviation Services KSCP

KKSE:UPAC
239.00
KWF
+2.00
(+0.84%)
-6.03EPS
69.87BMarket Cap
United Projects Company for Aviation Services KSCP
KSE:UPAC
(Kuwait Stock Exchange)

Recent

price

239.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KWD
0.11
0.11
0.11
0.12
0.12
0.13
0.14
0.14
0.11
0.06
0.03
0.02
0.03
0.03
0.02
0.01
- -
Revenue per Share
0.03
0.03
0.02
0.14
0.06
0.07
0.09
0.1
0.08
0.04
-0.01
- -
- -
- -
- -
- -
-0.01
Basic EPS, GAAP
0.07
0.04
0.08
0.1
0.09
0.11
0.1
0.09
0.06
0.03
0.01
0.01
0.01
0.01
0.01
- -
- -
Free Cash Flow per Basic Share
0.01
0.03
0.02
0.02
0.06
0.06
0.07
- -
0.13
0.01
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.34
0.34
0.34
0.38
0.28
0.29
0.31
0.4
0.41
0.48
0.27
0.27
0.27
0.28
0.28
0.28
0.27
Book Value per Share
0.03
0.06
0.09
0.16
0.1
0.14
0.18
0.3
0.34
0.42
0.25
0.26
0.27
0.28
0.22
0.22
0.22
Tangible Book Value per Share
102
102
102
102
97
97
97
100
121
240
246
378
378
378
378
378
378
Basic Weighted Avg Shares
11
11
11
12
12
13
13
14
14
13
7
8
10
10
9
4
1
Sales/Revenue/Turnover
47.28
48.6
64.68
46.3
49.39
50.92
55.67
56.11
52.93
34.51
-13.22
39.82
40.68
45.39
35.64
-18.05
-132.83
Operating Margin (%)
3
4
3
3
3
3
2
2
2
4
5
2
2
1
1
1
1
Depreciation Expense
4
3
2
15
6
7
8
10
10
9
-3
1
1
2
1
-1
-2
Net Income, GAAP
4.67
5.32
4.89
1.01
4.55
4.51
4.65
4.26
4.71
4.8
- -
2.11
4.27
2.65
3.76
- -
- -
Effective Tax Rate (%)
31.37
25.44
16.14
118
47.38
52.95
63.86
68.93
70.8
69.53
-48.59
11.9
6.38
15.11
11.17
-31.84
-160.23
Profit Margin (%)
3
5
8
12
8
4
- -
4
1
-3
-2
-18
-80
-110
-141
-114
-115
Working Capital
2
2
1
- -
- -
- -
- -
- -
- -
26
35
34
- -
- -
- -
21
- -
LT Debt
34
34
34
39
29
30
32
41
54
78
102
103
104
106
107
106
105
Total Equity
13.17
13.13
18.42
14.67
15.56
20.83
22.52
20.88
14.17
5.49
- -
2.6
3.22
0.93
1.26
- -
- -
Return on Invested Capital (%)
8.87
7.1
4.33
56.66
16.41
22.6
27.17
26.35
20.85
13.77
- -
2.11
1.53
0.93
0.41
- -
- -
Return on Capital (%)
10.68
8.42
5.15
39.84
17.27
24.74
29.43
28.21
21.3
14.55
-3.7
0.9
0.61
1.47
0.91
-1.14
-2.24
Return on Common Equity (%)

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
117
117
117
LT Borrowings
- -
- -
- -
LT Finance Leases
21
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
378
378
378
Market Capitalization
82
59
70

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10
9
9
Cash, Cash Equivalents & STI
9
8
7
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
124
124
124
Payables & Accruals
- -
- -
- -
ST Debt
117
117
117
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.4%
0.82%
-0.94%
Free Cash Flow
-1.62%
21.09%
-102.9%
Net Income, GAAP
-37.81%
-55.82%
-225.43%
Sales/Revenue/Turnover
-7.05%
-5.22%
-56.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
2
9
2025
2
1
- -
- -
4
2026
- -
1
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
United Projects Company for Aviation Services KSCP is a Kuwait-based commercial real estate development, project management, and facilities management enterprise specializing in Build-Operate-Transfer and public-private partnership concessions. Founded in 2000 and headquartered in Kuwait City, Kuwait, the company operates as a publicly traded real estate asset management arm within the ecosystem of Agility Public Warehousing Company KSCP. The company delivers integrated asset lifecycle and operational solutions to commercial tenants, food and beverage retailers, financial institutions, aviation operators, government entities, and consumers across Kuwait and the United Arab Emirates. The company organizes its core offerings through specialized operational divisions: real estate and commercial project development, including master site planning, commercial retail space design, tenant leasing, and architectural modernization; integrated facilities management, comprising heating, ventilation, and air conditioning maintenance, mechanical, electrical, and plumbing servicing, environmental janitorial sanitization, and round-the-clock physical security operations; smart parking management solutions, including automated license-plate recognition, digital ticketing, payment kiosk infrastructure, and multi-level parking lot management; and aviation infrastructure support, including airport terminal commercial space management, passenger check-in counter administration, and concession facility oversight. In recent major strategic developments, the company has transitioned its revenue model toward high-yield leisure and regional retail destinations following the conclusion of its long-term Terminal 1 management concession at Kuwait International Airport. As part of this expansion, the company, in joint venture with Agility Global and National Real Estate Company, achieved full commercial operations and progressive retail expansion at Reem Mall, a 1.3 billion dollar mega-destination on Al Reem Island in Abu Dhabi comprising over 400 retail and dining storefronts alongside the Snow Abu Dhabi indoor park. In Kuwait, the company secured and commenced a 17-year operational management contract from the Touristic Enterprises Company to operate and commercialize the 70,000-square-meter Messilah Beach destination, completing site fit-outs, private leisure facilities, and diverse hospitality concessions to anchor long-term recurring revenues.